Colonial Plaza

Price: $4,400,000
Sq. Ft.: 26,200
Cap Rate: 8.27%
Built: 2000
NNN, Gross
  • 26,200-Square-Foot, Walmart Shadow-Anchored Retail Center
  • Value-Add Opportunity | 91% Occupied | 53% of the Gross Leasable Area has Triple-Net Leases
  • Tenant Base is a Complementary Mix of National and Local Retailers | Anchored by Big 5 Sporting Goods and PetSense
  • Priced at $168 per Square Foot
  • Located on North Prince Street | Traffic Counts are 13,351 Vehicles per Day
  • Well Positioned in the City’s Major Retail Trade Area | Close Proximity to Dollar Tree, Lowe’s Home Improvement, PetSmart, Chili’s Grill & Bar, Buffalo Wild Wings, Starbucks, and More | North Plains Mall is Approximately One Mile South of the Subject Property
  • Near Several National Hotel Chains, Providing Additional Traffic to the Area
  • Population is 40,685 Residents with an Average Household Income of $60,335 within a Five-Mile Radius
  • Assumable Loan in Place with Attractive Financing | Interest Rate is 3.75%